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  2. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    Key takeaways. VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. VA loans can be used ...

  3. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  4. VA loan pros and cons - AOL

    www.aol.com/finance/va-loan-pros-cons-180505984.html

    Lenders tend to charge lower rates for VA loans than they do on conventional loans, which means you can save a lot of money on interest in the long run, especially over a 30-year loan. VA home ...

  5. VA Certificate of Eligibility: What it is and how to get one

    www.aol.com/finance/va-certificate-eligibility...

    There are three main options for getting your VA loan certificate of eligibility: Apply online: The VA eBenefits online portal is the easiest and fastest route to get your letter of eligibility ...

  6. Lenders mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Lenders_mortgage_insurance

    Lenders mortgage insurance. Lenders mortgage insurance ( LMI ), also known as private mortgage insurance ( PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay ...

  7. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    VA loans don’t require PMI or any other type of mortgage insurance. PMI vs. MIP vs. MPI. PMI. PMI is a type of insurance that protects the lender should you default on your mortgage. It applies ...

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